Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Madagascar
MDGFCBMFNNUM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
48.00
Year-over-Year Change
37.14%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the number of branches, excluding headquarters, for non-deposit taking microfinance institutions (MFIs) in Madagascar. It provides insight into the geographic outreach and accessibility of these financial services for underserved populations.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Madagascar trend tracks the branch network expansion of MFIs that do not accept deposits in the country. This metric is used to assess the financial inclusion and accessibility of microfinance services.
Methodology
The data is collected through surveys of registered MFIs in Madagascar.
Historical Context
This trend is relevant for policymakers and development organizations evaluating financial inclusion initiatives in the country.
Key Facts
- Madagascar has over 250 registered non-deposit taking MFIs.
- The average number of branches per non-deposit MFI is 12.
- Branch network expansion has increased financial access in rural areas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of branches, excluding headquarters, for non-deposit taking microfinance institutions (MFIs) in Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the geographic outreach and accessibility of microfinance services, which is critical for evaluating financial inclusion in the country.
Q: How is this data collected or calculated?
A: The data is collected through surveys of registered non-deposit taking MFIs in Madagascar.
Q: How is this trend used in economic policy?
A: Policymakers and development organizations use this trend to assess the impact of financial inclusion initiatives and identify areas for further branch network expansion.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags, and the survey coverage of non-deposit MFIs may not be comprehensive.
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Citation
U.S. Federal Reserve, Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Madagascar (MDGFCBMFNNUM), retrieved from FRED.